TT Electronics Plans Eastern European Investments

TT Electronics Plans Eastern European Investments

The Weybridge, Surrey-based company plans to open a new facility in Eastern Europe in a move to further align its manufacturing foortprint. However, a specific location has not been disclosed.

With its core components and sensors divisions accounting for about 71% percent of its total revenue, TT Electronics is a supplier of the world's leading manufacturers in the automotive, telecommunications and other industries.

British electronic components supplier TT Electronics Plc said it planned to open a new low-cost facility in Eastern Europe